Predict how much money can be saved without having a negative actual net income. monthly budget budgeted amount actual amount income wages $1025 $675 expenses rent utilities food cell phone savings $300 $100 $175 $75 $300 $300 $100 $200 $75 $ net income $75 $ a. it is not possible to save any money this month without having a negative actual net income. b. $350 can be saved resulting in an actual net income of $0. c. $200 can be saved resulting in an actual net income of $75. d. because there is a $75 budgeted net income, that $75 can be put towards savings.

a. It is not possible to save any money this month without having a negative actual net income.

Step-by-step explanation:

You just have to look at the number, he has a Monthly budgeted amount of 1025, in the ideal scenario he would earn that, but in this month he only earned $675, from that you withdraw the actual expenses,

Expenses

Rent $300 $300

Utilities $100 $100

Food $175 $200

Cell Phone $75 $75

Savings $300 $

Net Income $75 $

So total actual expenses were $675 once you add up the $300 in rent, the $100 of utilities, the $200 in food, the $75 in cellphone adds up to $675 so no money can be saved because we are already in 0, if we save up even one dollar we will be in negative numbers.

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